# Grain harvest exceeds expectations in Australia | QLD

> Australia's winter crop is now expected at 51.5 million tonnes, with wheat at 30.2 million and barley at 12 million tonnes. Record grain deliveries have reached bulk handling systems, and GrainCorp reported 7.2 million tonnes received. Wheat and barley prices have dropped by up to A$30 a tonne as traders resist the large volumes offered.

- Date: 2020-12-21 · published 2020-12-21T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/49625-grain-harvest-exceeds-expectations-in-australia-qld
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Heavy farmer selling and bigger-than-expected deliveries are pushing down Australian feed grain prices. Some analysts think the crop could be even larger, which would extend the pressure on export and domestic feed values.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-08-10 | [Australia expecting another large harvest  \| World Grain](https://feedsoft.ai/events/45533-australia-expecting-another-large-harvest-world-grain.md) | +3.4% | +5.1% |
| WHEAT | 2024-11-21 | [Australia's $23 billion grain industry is mid-harvest - ABC listen](https://feedsoft.ai/events/27361-australia-s-23-billion-grain-industry-is-mid-harvest-abc-listen.md) | -0.2% | +0.0% |
| WHEAT | 2022-08-29 | [Third straight bumper crop expected in Australia \| World Grain](https://feedsoft.ai/events/40014-third-straight-bumper-crop-expected-in-australia-world-grain.md) | +0.5% | +4.4% |
| WHEAT | 2020-12-03 | [Australia to Harvest Second Biggest Wheat Crop on Record \| Feed & Grain](https://feedsoft.ai/events/49623-australia-to-harvest-second-biggest-wheat-crop-on-record-feed-and-grain.md) | +9.8% | +9.8% |
| WHEAT | 2024-07-25 | [Winter crop 2024-25 harvest expectations from state growing regions - Australasian Farmers' & Dealers' Journal](https://feedsoft.ai/events/29195-winter-crop-2024-25-harvest-expectations-from-state-growing-regions.md) | -5.3% | -7.0% |

## Sources

- queenslandcountrylife.com.au: https://www.queenslandcountrylife.com.au/story/7049290/bumper-harvest-price-stress/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.